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budgeting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › budgeting

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarJohn Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • April 20, 2018 at 6:36 pm #448283
    AvatarAnonymous
    Inactive
    • Topics: 4
    • Replies: 0
    • ☆

    A company has recorded the following variances for a period:

    sales volume variance $10,000 adverse
    sales price variance $15,000 favourable
    Total cost variance $12,000 adverse
    standard profit on actual sales for the period was $120,000

    what was the fixed budget profit for the period?

    April 21, 2018 at 9:49 am #448344
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    There is no point in setting me test questions and expecting me to provide an answer.

    Unless you were set this as a test, you must have an answer in the same book in which you found the question. You should ask about whatever it is in the answer that you are not clear about and then I will help you.

    I assume that you have watched my free lectures? The lectures are a complete free course for Paper F2 and cover everything needed to be able to pass the exam well.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘budgeting’ is closed to new replies.

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